Avani Shailesh Mehta, a promoter of Texel Industries Ltd, acquired 3,47,875 shares for ₹2.68 Cr at ₹77.02 apiece through a preferential allotment, increasing her stake from 0.00% to 2.47%.
A manufacturer of industrial plastic products, Texel Industries produces tarpaulins and geomembranes for various commercial applications. Established in 1989, the company specializes in creating durable protective coverings and synthetic membrane solutions used across construction, agriculture, infrastructure, and industrial sectors. Its product range serves diverse customer needs for containment, weather protection, waterproofing, and environmental containment applications across India.
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